Grand Ming Group (HKG:1271) reported $26.1 million in attributable loss in the fiscal first half, swinging from a profit of $52.6 million a year earlier, according to a Hong Kong bourse filing Thursday.
Shares of the property developer fell over 7% in morning trade Friday.
Loss per share was $0.018, compared with earnings of $0.037 in the prior year.
Revenue decreased 63% year-on-year to $253.5 million, figures showed.
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